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We study competitive positioning and pricing strategies in markets with negative consumption externalities. Negative consumption externality is modeled as a decrease in preference for a product as more consumers purchase the same product. Using a two stage Hotelling type model, we show that a...
Persistent link: https://www.econbiz.de/10013085634
The existence of reference price effects in consumer decision making is well documented in prior research, but few studies focus on its implications for firms' strategic behavior. Using a competitive model, we address this gap by examining how firms' product positioning and pricing strategies in...
Persistent link: https://www.econbiz.de/10012855091
This paper uses a game-theoretic model to examine the role of reference price for firms that vary in their quality positioning in competing for customers. Reference prices provide consumers with additional components of utility. Building on previous research on the impact of consumer decision...
Persistent link: https://www.econbiz.de/10012856258
In recent decades, organized retailing has transformed the retailing landscape in emerging economies, where unorganized retailing has traditionally been dominant. In this paper, we build a theoretical model of unorganized and organized retailing in emerging economies by carefully modeling key...
Persistent link: https://www.econbiz.de/10013025450
Much has changed in the wake of the COVID-19 pandemic, consumer behavior notwithstanding. In this study, we explore the drivers of retail mobility in several metropolitan areas in the United States under the perceived risks of COVID-19. We measure risk using both local and national case and...
Persistent link: https://www.econbiz.de/10013239067
One-to-one marketing advocates tailoring of one or more aspects of the firm's marketing mix to the individual customer (Peppers and Rogers 1997; Peppers, Rogers and Dorf 1999; Shaffer and Zhang 2002). One-to-one marketing represents an extreme form of segmentation, with a target segment of size one....
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